“**THIS BUSINESS HAS NOW BEEN SOLD**
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About this Opportunity
– Cocktail Bar and Venue For Sale – Capacity 75
– Suitable for venue hire and as a function space
– Voted in top 20 Bars in Melbourne (Broadsheet)
– Recently renovated and is on trend with new fixtures and fittings
– Run Under Management
– On- Premises liquor licence until 11pm & Take away liquor licence included
– Net profit $80 -100k p.a
Location Details
Located in the Inner West Melbourne Suburb of Seddon.
Great Long Term 10 year lease (5×5) with No rent reviews.
Rent is currently at $770 per week (Whole premises)
– Currently sub-leasing the front of venue for $250 p/w and Opportunity for new owner to convert front of venue into restaurant or additional seating.
This easy to operate business with an established clientele and excellent reputation would suit an investor or owner operator
Asking Price : $100,000″
